Energy

Caribbean’s Largest Solar Array Goes Live

The largest solar array in the Caribbean is now producing energy. Monte Plata is a 33.4 MW PV solar array located in the Dominican Republic that will produce more than 50,000 megawatt hours of energy each year. The “power switch” was turned on by Dominican Republic President Danilo Medina. The project was designed and deployed by Dubai-based Phanes Group along with partners General Energy Solutions and Soventix.

Monte Plata’s 132,000 solar panels triple the number of solar panels in the Dominican Republic. Once phase two of the project is complete by the end of 2016, the array’s total capacity will rise to 67 MW, increasing the photovoltaic power output in the country fivefold.

“This project is a demonstration of how multiple stakeholders can work together to co-develop solar projects that are viable and bankable in emerging markets – successfully delivering access to energy and unlocking huge economic opportunities for remote communities,” said Martin Haupts, CEO of Phanes Group.

The country has been challenged with inadequate power supply that includes high transmission and distribution losses that exceed 30 percent. In addition, the country spends on average more than $4 billion each year on fossil fuel imports to operate petroleum, coal and natural gas fueled power plants.

“With much of the Caribbean challenged by expensive fuel imports, solar has the ability to liberate these island nations from economic and energy dependency, increasing the energy security and reducing greenhouse gas emissions while helping elevate communities,” added Haupts. “Phanes Group is delighted to have played a central role in delivering this breakthrough project, and we remain committed and excited about PV’s opportunities across the emerging world.”